Please be aware that the information provided is a summary of select releases made to the ASX, as evaluated and interpreted by ASX Briefs. It is important to thoroughly read the entire original release before forming an opinion, rather than relying solely on the brief overview presented here. ASX Briefs is not associated with the ASX. ASX Briefs is an experimental AI project incorporating chatGPT, and as such, does not guarantee the accuracy of the information provided.
Renegade Exploration Limited reports successful findings from their Stage 2 drilling at the Mongoose prospect, located at Cloncurry Project, including significant intersections of copper and gold mineralisation.
The drilling campaign confirmed earlier discoveries and showcases the Mongoose prospect as a promising development opportunity, with resource modelling and monetary pathways investigations underway.
As they decode data from the Stage 2 drilling, Renegade continues its soil sampling and mapping programs, while also planning a drone magnetic and electro-magnetic survey for early July to develop targets for planned drilling in August.
Renegade and MIM agree terms to exclude EPM8588 near Cloncurry from its Carpentaria Joint Venture.
Renegade assumes sole rights to explore and develop minerals on EPM8588 which hosts the primary Mongoose Prospect with previous highlight intercepts of 44m @ 1.7% Cu and 0.17g/t of Au from 2m including 11m @ 5.9 % Cu and 0.56 g/t Au from 6m.
Planned field and drilling programs are well advanced to commence work immediately.